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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_IDRCHF
Open High Low IDRCHF Price Change
0.007270 0.007275 0.007265 0.007275 +0.000005
Entry Signal

MarketClub’s Trade Triangles for IDRCHF

long term up The long term trend has been UP since Sep 25th, 2017 at 0.00736

intermediate term down The intermediate term trend has been DOWN since Nov 23rd, 2017 at 0.00726

short term down The short term trend has been DOWN since Nov 14th, 2017 at 0.00734

Smart Scan Analysis for IDRCHF

Based on a pre-defined weighted trend formula for chart analysis, IDRCHF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for IDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007270 0.007275 0.007265 0.007275 +0.000005
Prev. Close Volume Bid Ask Time
0.007270 0.007270 0.007280 2017-11-24 09:52:54
Want to analyze Indonesian Rupiah/Swiss Franc IDRCHF or another symbol? Try our Free Forex Trend Analysis Report.